![[FEMA Case] SC Rejects NDTV's Plea Against Bombay HC Decision](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/08/image-52-1.png?resize=447%2C367&ssl=1)
Today, On 12th August, The Supreme Court dismissed NDTV’s appeal against a Bombay High Court ruling in a FEMA case, involving compounding applications. NDTV sought to quash compounding proceedings under FEMA, but the court upheld the High Court’s decision. The case concerned alleged violations of foreign exchange regulations by NDTV, related to overseas and foreign direct investment.
Today(22nd March),The Delhi High Court has accepted the CBI’s appeal against the acquittal of A Raja and others in the 2G spectrum allocation scam. The presiding judge emphasized the existence of a prima facie case and scheduled a thorough examination for May. This case has sparked broader implications and raised questions about justice system accountability.
